Replaying a QPicture, coordinate transformations

When I draw something in a QPicture, like in the "example in the documentation":http://doc.qt.nokia.com/4.7-snapshot/qpicture.html#details:
@ QPicture picture;
QPainter painter;
painter.begin(&picture); // paint in picture
painter.drawEllipse(10,20, 80,70); // draw an ellipse
painter.end(); // painting done@

and then replay it on another target, can I apply coordinate transformations before replaying the picture (like in the following), and will they have effect?